Grayslake development site has 56.63 acres with frontage on both Lake Street and Washington Street! Site adjoins Doolittle Park/English Meadows to the north, Washington to south and Lake Street to the east and RR tracks to the west. This infill opportunity for new housing product in Grayslake is ideal for single family housing. Can accommodate move up product or 55 and over community. Lies in top ranked Grayslake High School District 127. Blocks from thriving downtown business district. Walk and bike to Metra, downtown restaurants, parks, etc... Site adjoins wonderful trail system connection to many GL Parks! Village of Grayslake needs new housing stock and this site is ideally located. Sewer and water to site. Possible PUD, senior housing, cluster homesites, attached housing. Signalized corner may accommodate commercial use. Possible corporate campus with zoning change. Farmed for low taxes. Walk property at own risk. Concept plans available on our website. Improved storm sewer recently installed along Washington Street.
478 days
|
9
|
0
|
Zillow last checked:
Listing updated:
Listed by:
Robert E Frank, GRI847-508-5263,
Robert E. Frank Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12314729
Facts & features
Property
Features
Frontage length: 1200
Lot
Size: 56.63 Acres
Details
Parcel number: 06224000320000
Zoning: SINGL
Special conditions: None
Utilities & green energy
Utilities for property: Electric to Site, Natural Gas Available, Sewer Connected, Water Available
Community & HOA
Location
Region: Grayslake
Financial & listing details
Tax assessed value: $43,915
Annual tax amount: $3,125
Date on market: 4/11/2025
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,235/mo
Price history
Date
Event
Price
5/20/2026
Listing removed
$2,150,000
Source: MRED as distributed by MLS GRID #12314729Report a problem
2/21/2026
Contingent
$2,150,000
Source: MRED as distributed by MLS GRID #12314729Report a problem
4/11/2025
Listed for sale
$2,150,000+359.5%
Source: MRED as distributed by MLS GRID #12314729Report a problem
10/1/2024
Sold
$467,910-78.2%
Source: MRED as distributed by MLS GRID #11873953Report a problem
9/23/2023
Price change
$2,150,000-25.2%
Source: MRED as distributed by MLS GRID #11873954Report a problem
9/23/2023
Price change
$2,875,000+291.2%
Source: MRED as distributed by MLS GRID #11873952Report a problem
9/23/2023
Listed for sale
$735,000-79.8%
Source: MRED as distributed by MLS GRID #11873953Report a problem
6/24/2023
Listing removed
--
Source: MRED as distributed by MLS GRID #11446581Report a problem
6/25/2022
Listed for sale
$3,641,540-23.8%
Source: MRED as distributed by MLS GRID #11446581Report a problem
3/19/2022
Listing removed
--
Source: MRED as distributed by MLS GRID #08427935Report a problem
7/30/2021
Contingent
$4,781,917
Source: MRED as distributed by MLS GRID #08427935Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.